Trump Stands to Gain Billions as Truth Social Merger Approaches Public Trading Debut

Donald Trump stands to gain billions of dollars on paper after shareholders voted to merge his Truth Social media platform with Digital World Acquisition Group.

The merged entity, Trump Media, could begin publicly trading next week under the ticker DJT.

Trump will have a 58% stake in Trump Media. His potential payout depends on the stock performance leading up to the public debut.

There will likely be a 6-month lockup period restricting major share sales after the IPO, preventing disruptive selloffs.

Former Congressman Devin Nunes, now head of Trump's media company, stands to financially benefit from the merger as a key stakeholder.